Crypto Ownership Doubled in 2021
- Thread starter Tokenz
- Start date
Basic math and chart deliberately deceptive. Bitcoin's severe drop means anyone buying gets more of it.
It's like saying there's more Venezuelan Bolivar millionaires than ever.
Are you really writing crap like that on ET?
And if you bought Microsoft in the 90s, Apple in the 00s etc. Pointless mental masturbation.
I have never been interested in buying worthless ponzi tokens, so have no regrets about not buying any for even $1 let alone $12.
But how about you?
You said you actually bought some when the price was around $100. How many did you buy at that price?
I bet you puke up in the bathroom every time you think about why you didn't buy and hodl 100+ coins from back then.
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I could have bought more but not much more to make me puke
I borrowed from credit cards and maxed them all out to buy bitcoins
I also used up my savings, a little over $1,000. There were a few times I had to use payday loans to pay rent
I could have applied for a personal loan and maybe got a couple of thousand $ but my credit score was pretty bad in those years
There's a couple of interesting things in your post. Let's dig into them
- "Bitcoin's severe drop..... "Bolivar millionaires"
The chart is specific to Bitcoin addresses that contain 1 bitcoin or higher
- deliberately deceptive
You can install the Bitcoin software and download a copy of the full blockchain and run your own analysis if you don't want to use the free publicly available took sets out there, i.e. blockchain.com
Are you really trying to describe a simple metric from a public and transparent ledger as "deliberately deceptive"?
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On a related note, this bull market cycle in Bitcoin and crypto assets got a lot of new participants. My cousins, nephews, friends, friend of friends, acquaintances, it seems I know a lot of people who got in on this cycle
Most of them bought altcoins, i.e Eth or Doge
Only 3 people bought bitcoin and they asked me for advise and help on the process of buying and even though I did not ask, they told me the $ amount and none of them bought even half a bitcoin
I have over 50 Bitcoin addresses on my wallet and not a single address contains more than 1 bitcoin
So to be clear, me and all the people I know who are into cryptos won't show up in that chart, in case you did know where I was going with that
That excuse sounds like a survival mechanism to cope with the lost opportunity you squandered away by not buying 100 coins when the price was $100. I'm sorry
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How do you rationalize that you say it’s a worthless Ponzi token but it’s actually literally worth $500 billion and was worth over 1 trillion months ago and was worth zero 12 years ago?
